Peter Jackson Planning a Third Hobbit Movie?

Peter Jackson had first hinted at the San Diego Comic-Con that he wanted to shoot more footage for “The Hobbit” films, but now it looks the filmmaker and Warner Bros. Pictures are getting serious about even developing a third film.

Heat Vision is reporting that Jackson wants to turn his two-film adaptation of the J.R.R. Tolkien epic into a trilogy and that additional shooting would take place next summer for about two months in New Zealand if he comes to an agreement with the studio.

According to the site, “Warner Bros., Jackson, producer Fran Walsh and writer-producer Philippa Boyens began exploring the logistics of what it would take to make another movie. Those talks are said to have accelerated in recent days, with the studio on board if the right financial arrangements can be achieved. That includes securing new actor deals for the expansive cast as well as shoring up certain rights associated with the property (The Hobbit has a long a tortured rights history.)”

A source for the trade added, “If we’re going to do it, we have to make a decision soon. Its strongly driven by the filmmakers’ desire to tell more of the story. It’s about taking the chance to tell more of the incredible tale with the cast we have assembled.”